Prestamos CDFI, LLC
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Prestamos CDFI, LLC · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 722511 | Full-Service Restaurants | 12 | $2.0M | $166K | 13.0% |
| 713940 | Fitness and Recreational Sports Centers | 6 | $640K | $107K | 6.5% |
| 722513 | Limited-Service Restaurants | 5 | $636K | $127K | 5.4% |
| 624410 | Child Care Services | 4 | $479K | $120K | 4.3% |
| 722515 | Snack and Nonalcoholic Beverage Bars | 4 | $624K | $156K | 4.3% |
| 812199 | Other Personal Care Services | 2 | $179K | $90K | 2.2% |
| 611519 | Other Technical and Trade Schools | 2 | $175K | $88K | 2.2% |
| 312120 | Breweries | 2 | $500K | $250K | 2.2% |
| 722410 | Drinking Places (Alcoholic Beverages) | 2 | $324K | $162K | 2.2% |
| 541990 | All Other Professional, Scientific, and Technical Services | 2 | $300K | $150K | 2.2% |
Geographic Distribution
SBA lending activity for Prestamos CDFI, LLC by state
| State | Loans | Volume | Share |
|---|---|---|---|
| California (CA) | 45 | $6.2M | 48.9% |
| Nevada (NV) | 16 | $2.0M | 17.4% |
| Illinois (IL) | 11 | $1.7M | 12.0% |
| New York (NY) | 12 | $1.4M | 13.0% |
| Arizona (AZ) | 4 | $893K | 4.3% |
| New Jersey (NJ) | 4 | $475K | 4.3% |
Why Choose Prestamos CDFI, LLC?
Based on SBA 7(a) lending track record from 2012-2020
- ✓Proven Track Record: 92 SBA loans approved, totaling $12.6M in financing
- ✓Industry Expertise: Specialized focus on Full-Service Restaurants, Fitness and Recreational Sports Centers, Limited-Service Restaurants
- ✓Competitive Terms: Average interest rate of 8.57% with flexible term lengths averaging 69 months
- ✓Loan Range: Loan sizes from $25K to $250K, with an average of $137K
- ✓Nationwide Reach: Active lending in 6 states, with strong presence in CA, NV, NY
Note: Approval and terms are subject to SBA and lender requirements. This profile is based on historical data and does not guarantee future lending decisions.
Frequently Asked Questions
Common questions about Prestamos CDFI, LLC SBA lending
What types of businesses does Prestamos CDFI, LLC typically finance?
Prestamos CDFI, LLC specializes in SBA 7(a) lending to specific industries including full-service restaurants, fitness and recreational sports centers, limited-service restaurants, child care services. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Prestamos CDFI, LLC's typical SBA loan terms?
Prestamos CDFI, LLC's SBA 7(a) loans typically feature an average interest rate of 8.57% and average term length of 69 months (approximately 6 years). Loan sizes range from $25K to $250K, with an average loan size of $137K.
Do I need a business valuation for a Prestamos CDFI, LLC SBA loan?
Yes, Prestamos CDFI, LLC typically requires a professional business valuation for SBA loans over $250,000 or for change-of-ownership transactions. A certified valuation helps establish the purchase price, loan amount, and ensures SBA compliance. The valuation typically costs $5,000-$15,000 depending on business complexity.
How does Prestamos CDFI, LLC compare to other SBA lenders?
Prestamos CDFI, LLC has originated 92 SBA loans totaling $12.6M since 2012. They distinguish themselves through industry specialization and expertise in their focus sectors. Compare their rates and terms with other lenders in our Commercial Lending Directory.
What states does Prestamos CDFI, LLC lend in?
Prestamos CDFI, LLC provides SBA 7(a) financing with particularly strong presence in CA, NV, NY, IL, NJ. Based on their lending history, they have experience with diverse state-specific business regulations and licensing requirements.
Research Your Target Industry Before Applying
Before applying for SBA financing, research your industry's typical loan sizes, approval rates, and specialized lenders. Understanding industry-specific financing patterns can help you find the right lender and strengthen your application.
Our industry research reports provide comprehensive intelligence for 1,000+ industries including financial benchmarks, growth trends, financing patterns, and which lenders are most active in your sector.
Explore Industry Reports →Need a Business Valuation?
Certified valuations are often required for SBA loans over $250,000.
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